Filed January 13, 2017
See peer percentile detail. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
See the 10-year trajectory. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY2+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $36,684 |
Filed as: CAMBRIDGE INVESTMENT RESEARCH ADVIS Service code 27 · EIN 20-1665305 | Advisory (Plan) | $29,705 |
MARKLEY ACTUARIAL SERVICES, INC.2+ years Filed as: MARKLEY ACTUARIAL SERVICES INC Service code 49 · EIN 23-2439467 | Other Services | $7,153 |
WILSHIRE ASSOCIATES INCORPORATED2+ years Service code 27 | Advisory (Plan) | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $223,974 | $155,795+43.8% | $136,294+64.3% | $69,631+221.7% |
| Participation rate | 9.3% | 75.2%-65.9pp | 81.9%-72.6pp | 70.7%-61.4pp |
| Annual return | 13.78% | 232464.33%-232450.6pp | 5155.94%-5142.2pp | 27571.02%-27557.2pp |
| Employer contribution / active EE | $2,509 | $2,991-16.1% | $4,695-46.6% | $2,032+23.4% |
| Participant deferral / active EE | $2,593 | $5,394-51.9% | $6,247-58.5% | $3,224-19.6% |
| Admin fee / account holder | $470 | $128+266.7% | $9,243-94.9% | $110+325.9% |